$12,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 12k interest only loan?
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Use this calculator to determine the monthly payment of a $12,000 interest only loan payment. In this type of loan no principal is paid off so the balance must be paid off at a future point, usually through a balloon payment or refinance.
Interest Only Payment Table For a 12k Loan
Rate Payment
0.25% $2.50
0.5% $5.00
0.75% $7.50
1% $10.00
1.25% $12.50
1.5% $15.00
1.75% $17.50
2% $20.00
2.25% $22.50
2.5% $25.00
2.75% $27.50
3% $30.00
3.25% $32.50
3.5% $35.00
3.75% $37.50
4% $40.00
4.25% $42.50
4.5% $45.00
4.75% $47.50
5% $50.00
Interest Only Payment Table For a 12k Loan
Rate Payment
5.25% $52.50
5.5% $55.00
5.75% $57.50
6% $60.00
6.25% $62.50
6.5% $65.00
6.75% $67.50
7% $70.00
7.25% $72.50
7.5% $75.00
7.75% $77.50
8% $80.00
8.25% $82.50
8.5% $85.00
8.75% $87.50
9% $90.00
9.25% $92.50
9.5% $95.00
9.75% $97.50
10% $100.00
More Amounts
$13,000$14,000$15,000$16,000$17,000$18,000$19,000$20,000$21,000$22,000